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44-50 & 52-56 Cameron Street Launceston TAS 7250

  • Retail
  • 2,834 m²
  • Commercial Auction

The Prestigious 'Camerons Building' - CBD Financial/Legal Precinct

    Immaculate three level complex with 2,834 sqm approx NLA plus 29 car spaces
    100% leased to quality tenants offering multiple income streams.
    Prime corner site, within established financial and legal precinct.
    Combined Title area totalling 2,502 sqm approx. plus additional car park on common land.
    Tenants include Camerons Accountants, Knight Frank, Commonwealth of Australia (Liberal Senator - brand new fit-out), State Government (Health & Human Services), Hanson Psychologists and Retail Cafe
    Annual rent reviews.
    Camerons occupied 25+ years, tenant office upgrade pending 2020.
    4 Star Nabers Energy Rating.
    Substantial taxation depreciation.
    Further development potential STCA.
    Income includes vendor guarantee (basement).
    Launceston: capital of Northern Tasmania experiencing record capital growth with GDP of $4.3B.
    Income $647,095 pa approx. (1 July 2020)

    Auction 11am AEDT Wednesday 26 February
    Crown Casino, Melbourne, VIC

    *The two roof top apartments at 44-50 Cameron Street are not included in the sale.

    Auction date and time26/02/2020 11:00
    Auction locationCrown Casino, Melbourne

    Property Highlights

    Property ID2016028761
    Floor Area2,834 m²
    Land Area2,502 m²
    EnergyAsk Agent
    ParkingOn site parking available
    Annual ReturnAsk Agent
    Last updated  30 Jan 2020
    Map for 44-50 & 52-56 Cameron Street Launceston TAS 7250
    Map for 44-50 & 52-56 Cameron Street Launceston TAS 725044-50 & 52-56 Cameron Street Launceston TAS 7250
    Burgess Rawson & Associates
    Level 7, 140 Bourke Street Melbourne VIC 3000

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